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Multifamily

6027 Barton Avenue

6027 Barton Ave, Los Angeles, CA 90038

Listing Price: $1,550,000

Cap Rate
4.39%
Number of Units
8
GRM
11.92
Price/Unit
$193,750
Price/Gross SF
$244.75
Gross SF
6,333

Investment Overview

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 6027 Barton Avenue, an eight-unit apartment community located in the heart of Hollywood.
Ideally situated just south of Santa Monica Boulevard and east of Vine Street, the property lies in one of Los Angeles’ most densely populated neighborhoods. Residents enjoy easy access to Hollywood’s dynamic nightlife, trendy retail and coffee shops, and an array of entertainment options.
Comprised entirely of one-bedroom units, 6027 Barton Avenue has been well-maintained by the current ownership and offers significant value-add potential. With 59% remaining rental upside through unit renovations, a new owner can capitalize on the ongoing gentrification of the area and position the property for strong future returns.
An additional benefit is the property’s development flexibility. Situated on a 6,500-square-foot lot zoned LAR3-1XL within a Tier 2 TOC, the site offers potential for future redevelopment.
The asset is clean, well-managed, and exhibits minimal deferred maintenance—reflecting attentive ownership. With its prime Hollywood location, development upside, and value-add opportunity, 6027 Barton Avenue represents a compelling acquisition opportunity.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Investment Highlights

  • With a 96 Walk Score, Barton offers walkable access to Santa Monica Blvd, Paramount Studios, Netflix's new office, Larchmont Village, and more.
  • Located on a designated opportunity zone and may be eligible for preferential tax treatment
  • On-site parking with no seismic retrofit required
  • The property is situated on a 6,500 square foot lot, zoned LAR3-1XL within a Tier 2 TOC
  • 59 percent of rental upside through interior and exterior renovations
  • Spanish style property with lush landscaping and communal courtyard

Exclusively Listed By

Financing By

Multifamily

6027 Barton Avenue

Listing Price: $1,550,000

Cap Rate
4.39%
Number of Units
8
GRM
11.92
Price/Unit
$193,750
Price/Gross SF
$244.75
Gross SF
6,333

Investment Highlights

  • With a 96 Walk Score, Barton offers walkable access to Santa Monica Blvd, Paramount Studios, Netflix's new office, Larchmont Village, and more.
  • Located on a designated opportunity zone and may be eligible for preferential tax treatment
  • On-site parking with no seismic retrofit required
  • The property is situated on a 6,500 square foot lot, zoned LAR3-1XL within a Tier 2 TOC
  • 59 percent of rental upside through interior and exterior renovations
  • Spanish style property with lush landscaping and communal courtyard

Investment Overview

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 6027 Barton Avenue, an eight-unit apartment community located in the heart of Hollywood. Ideally situated just south of Santa Monica Boulevard and east of Vine Street, the property lies in one of Los Angeles’ most densely populated neighborhoods. Residents enjoy easy access to Hollywood’s dynamic nightlife, trendy retail and coffee shops, and an array of entertainment options. Comprised entirely of one-bedroom units, 6027 Barton Avenue has been well-maintained by the current ownership and offers significant value-add potential. With 59% remaining rental upside through unit renovations, a new owner can capitalize on the ongoing gentrification of the area and position the property for strong future returns. An additional benefit is the property’s development flexibility. Situated on a 6,500-square-foot lot zoned LAR3-1XL within a Tier 2 TOC, the site offers potential for future redevelopment. The asset is clean, well-managed, and exhibits minimal deferred maintenance—reflecting attentive ownership. With its prime Hollywood location, development upside, and value-add opportunity, 6027 Barton Avenue represents a compelling acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Exclusively Listed By

Financing By

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